They see stresses growing in the Chinese financial system and argue that the banks are far from sure bets.
他们认为中国金融体系的压力越来越大,银行股远非稳赚不赔的选择。
The irrationalities of the Chinese financial system mean that in key sectors like steel China builds too many factories, and props up too many moribund companies, causing massive overcapacity.
近些年来,中国财政政策上的反复无常导致过度建造,对铁、铝、水泥和其他原材料产生了巨大的需求。
But China's financial system is not without problems. It is only because the Chinese Banks did not have the highly leveraged investment-related risks.
但是中国的金融体系并非没有问题,只不过我们的银行没有做高杠杆的风险投资。
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